Peter's Blog

Inflation Drives Inequality

Government bailouts are surging, converting temporary bank-created money into permanent inflation. This inflation hurts the poor and benefits well-connected banks, driving inequality.

13-Week Money Supply Suggests a Flat Stock Market for Now

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.

Boeing, Money Printing, and the Military-Industrial Complex

Boeing’s commercial jets struggle, but its military machines thrive, all fueled by endless fiat money.

MMT is Dangerous and it’s Showing Up Everywhere

Mainstream economists dismiss Modern Monetary Theory (MMT) as outlandish and absurd, yet ironically, they share core beliefs which are frighteningly similar. MMT is now showing up everywhere in mainstream economic views, and this could spell disaster for the economy.

Peter Schiff: Trump’s Election is Assured

In this extra long episode, Peter covers a lot of ground. Starting with the assassination attempt on Donald Trump’s life and the country’s reaction to it, Peter also discusses his hopes for Trump’s increasingly likely second term. He then pivots to Jerome Powell’s remarks from this past week, offers criticism of a recent Supreme Court […]

Will China Be the First Domino in a Global Collapse?

The increasingly desperate, secretive Chinese Communist Party may be powerless to stop the combination of downward trends which, upon passing an event horizon, could trigger a global collapse as the world’s second-largest national economy continues to edge closer to the brink.

Inflation “Cooled” in June, So Why is Consumer Confidence Still Tanking?

The recent CPI report showed that inflation is, according to official data, cooling down — so why are consumers more worried for the future than they’ve been in months? If prices are coming down, shouldn’t that fuel higher confidence and a greater collective sense of economic well-being? One simple answer is that the official data […]

US Housing Market Struggles As Pending Home Sales Drops

We’re about to face the aftermath of a Fed-induced housing crisis. U.S. pending home sales have dropped to historic lows not seen since the 2008 financial crisis, with a shocking 2.1% drop in May and a jaw-dropping 6.6% annual decline. With mortgage rates so high, banks and other investors are in massive trouble, facing severe […]

Property Tax and the Death of the American Dream

While the primary catalyst for the original English pilgrims to venture to America was religious freedom, a strong desire for independence followed closely behind. They desired to be independent of two things: poverty and government meddling. This spirit carried into the American Revolution and informed domestic policy for many years. The Homestead Act of (FIND […]

Biden’s Student Loan Plan “SAVE” Will Cost $230 Billion

As student loan debt in America swells to a staggering $1.7 trillion, President Joe Biden’s new SAVE plan could actually cost $230 billion, a CBO report finds. This is not only a classic case of robbing Peter to pay Paul — it will bring more inflation, make college more expensive and give the federal government […]